Bursa KLCI

13 April 2017 – Good Friday Weekly market review


Indices (Weekly chart)
Dow Transportation closed at 8874.56 with a bearish marubozu candle below its 21 EMA. Weekly trading range was 344.1899. Weekly momentum is neutral. BuySellTimer remains in its negative cycle. It is in a weekly Squeeze.

Dow Industrial closed at 20453.25 with a bearish marubozu candle above its 21 EMA. Weekly trading range was 297.08. Weekly momentum is neutral. BuySellTimer is in negative cycle.

Russell 2000 closed at 1345.2435 with a bearish marubozu candle below its 21 EMA. Weekly trading range was 31.2435. Momentum is neutral. BuySellTimer is in negative cycle.

Nasdaq 100 closed at 5353.586 with a bearish marubozu candle on its 8 EMA. Weekly trading range was 89.1255. Momentum remains upward. BuySellTimer is in its positive cycle.

S&P 500 closed at 2328.95 with a bearish marubozu candle above its 21 EMA. Weekly trading range was 37.42. Momentum remains upward. BuySellTimer remains on its negative cycle.

Metals and Commodities (Weekly charts)
WTI Crude oil futures (CL) closed at $52.91 per barrel with a bullish candle above its 21 EMA. Weekly trading range was $1.4699. Momentum is bullish. BuySellTimer is in a positive cycle.

Gold futures (GC) closed at 1290.1 with a bullish marubozu candle above its moving averages. Weekly trading range was 42.5. Momentum is upward. BuySellTimer has crossed into a positive cycle.

Silver futures closed at 18.545 with a bullish candle above its moving averages. Weekly trading range was 0.87. Weekly momentum is upward. BuySellTimer is in its positive cycle.

Agriculture (DBA) ETF closed at 19.70 with a bearish candle below its moving averages. Weekly trading range was 0.2557. Momentum is downward. BuySellTimer is in negative cycle.

Commodities (DBC) ETF closed at 15.61 with a bullish candle above its 50 SMA and 21 EMA. Weekly trading range was 0.2099. Momentum is upward. BuySellTimer is in its positive cycle.

Bonds (Weekly charts)
Bond futures (/ZB) closed at 153’28 with a bullish candle above its 21 EMA. Weekly trading range was 3.2187. Momentum is downward. BuySellTimer is in its positive cycle.

High Yield bond ETF (HYG) closed at 87.22 with a small bearish candle above its 21 EMA. Weekly trading range was 0.46. BuySellTimer is in negative cycle.

Currencies (Weekly charts)
The dollar index ($DXY) closed at 100.510 with a bearish candle on its 21 EMA. Weekly trading range is 1.3299. Momentum is upward. It is in a Squeeze.

EUR/USD closed at 1.0610 with a bullish candle below its 21 EMA. Weekly trading range was 0.0107. Momentum is downward. It is in a Squeeze.

USD/JPY closed at 108.63 with a bearish marubozu candle below its 21 EMA and above its 50 SMA. Weekly trading range was 3.031. Weekly momentum is downward.

 

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